During Mitt Romney's first run for the White House four years ago, his GOP rival Mike Huckabee warned that the former private equity CEO reminded voters of "the guy who laid them off." Now, with the growing imbroglio over his secret tax returns, labyrinthine overseas accounts and "I win even when they lose" Bain business […]
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Even at a time of record income inequality, the lowest federal tax burden in 60 years and plummeting effective tax rates for the top one percent of earners, it is often difficult to put a face on the yawning chasm between the super-rich and everyone else. But now we have six. New data from the […]
For months, fawning press accounts with titles like "Romney Using Wife's Story to Connect with Voters", "Ann Romney Adds Personal Touch to Mitt's Campaign", "The Ann Romney Advantage" and "Ann Romney Emerging as Husband's Political Weapon" have glowingly portrayed the would-be First Lady as a woman who applies a layer of humanity and compassion to […]
As he continues to stonewall requests to release more of his tax returns, Mitt Romney is quickly turning the 2012 presidential campaign into a game of "Hide and Seek." Americans are left to speculate what dark secrets or advantages unattainable for most people lurk in those papers. Did Romney pay any taxes at all in […]
At a $1.7 million fundraiser in Jackson, Mississippi, Republican presidential nominee Mitt Romney declared that the GOP is not "the party of the rich," insisting instead that "we're the party of people who want to get rich." Sadly for Romney, there are two small problems with his assessment. For starters, Mitt's proposals (like those from […]
If nothing else, the growing imbroglio over Mitt Romney's Bain Capital connections past, present and retroactive is rich in irony. After all, while most attention is focused on whether Romney was literally at the helm of the post-1999 Bain that reaped millions in fees and dividends from firms that successfully outsourced U.S. jobs or failed […]
This week, the GOP-controlled House of Representatives voted for the 33rd time in 18 months to repeal the Affordable Care Act. But even if that act of political theater is over for now, Republicans will keep repeating their favorite parts of the right-wing script well past Election Day in November. That their tried and untrue […]
Four years ago, then vice presidential candidate Joe Biden was pilloried by Republican politicians and their media water carriers (for example, here and here) for telling wealthier Americans "it's time to be patriotic" by paying the slightly higher tax rates of the Clinton boom years. But with the renewed debate over ending the Bush tax […]
In May, Mitt Romney suggested a new eligibility test in the U.S. Constitution requiring that the President first "spend at least three years working in business." It was bad enough that America's would-be second Harvard MBA President forgot the disastrous record of the first. Now, Mitt has chosen the worst possible week to announce that […]
Thursday's revelations in the Boston Globe that Mitt Romney did not in fact leave Bain Capital in February 1999 have put the GOP standard bearer in hot water. At best, the contention if true would mean Romney lied to the American people to avoid paternity for job-killing deals that nevertheless lined his own pockets. At […]